Cam Harvey

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The New York Stock Exchange. Last month, major US indices suffered their biggest one-day falls of the year after 10-year bond yields fell below their two-year counterparts for the first time since 2008. Photograph: Johannes Eisele/AFP/Getty Images
Should markets panic over the inverted yield curve?

Not so long ago, only finance insiders worried about yield curve inversions – an obscure-sounding piece of market jargon denoting when long-term yield(...)